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Dec 7, 2012 5:00pm PST
on facebook to see if it's pag all o of their taxes. they have been making regular visit os the facebook offices to see if they're reporting the income. facebook says they come ply with italian law and pays taxes. >> wells fargo bank today gave hundreds of homeowners 20,$000 toward a down payment on a home. >> guys, wells fargo e has deals in some east bay cities, the plan is to take forsale signs and turn them into sold. >> they're teaming up with other people to lend a hand to help people who want to purchase a home in select communities we're seeing housing values start to sgliez they will support home buyers with a program that allows the people with down payment assistance. >> we're going to give them a $20,000 grant for 0 % rate and that is forgiven as long as they stay in that house for five years. >> there are certain neighborhoods that the house has to be in and there is an new mexico limit. income limit. >> i knew i couldn't afford that down payment so this helps me. >> if you're not able to jump on this, don't worry. >> some of that money will go back into the pot so
Dec 2, 2012 5:00pm PST
today about taxes. he said the obama administration will refuse any deal that keeps tax cuts in place for wealthy americans. republicans are meeting that idea with stiff resistance. >> reporter: with the clock ticking and the fiscal cliff looping closure he says the white house will only agree to a plan that includes higher tax rates. >> if they are going to force higher rates on all americans because they are unwilling for 2% of the americans, that is a choice they have to make. >> reporter: calling for $1.6 trillion in tax revenue. he insists the tax cuts must expire for the wealthiest americans. >> what we did is put forward a very carefully designed mix of tax reforms to put us on a path to fixing the debt. >> reporter: republicans did not welcome the proposal. >> i was disappointed by the president's proposal. i think it is a rerun of his budget patrol. it is $1.6 trillion. >> reporter: and expressing frustration with the lack of progress. >> i would say we are nowhere. >> reporter: he disagrees, pointing out the administration offered $600 billion in cuts to healthcare and other
Dec 5, 2012 5:00pm PST
cliff which includes raising tax rats on higher-earning americans. >> we're not insisting on raises just out of spite or out of any kind of partisan bickering but rather because we -- we need to raise a certain amount of revenue. >> the president met with a group of ceos at the business round table and told them that he is hopeful that a deal can be reached in the following week that would head off the automatic tax hike and spending cuts from taking place in january. he said he has seen movement among republicans and that they might accept the tax hike if it is combined with entitlement reform and spending cuts. >>> te republican house majority leader told business leaders today president obama sms obsessed with raising tax. >>> we feel that's not the right direction to go, but we also feel that in that obsession is what he's about then let's at least do something about the spending problem. >> at the same meeth house speaker john baner said republicans have made a reasonable offer to the president with a balanced plan to raise revenues and cut spending. during a fla tla debate on the f
Dec 3, 2012 5:00pm PST
with 800 billion from tax reform and the rest in cuts to government problems. last week president obama offered a plan that relied on tax increases that would total $1.6 trillion. the republican plan does not include something the president said is essential, income tax hikes on those making more than $250,000. >>> stocks edged lower on fears the threat from the fiscal cliff might put a damper on the economy. the dow is down 59 to 12,965. the nasdaq is down 8 at 3,002. the s&p is down 6 at 1,409. coming up at 5:45 p.m., car sales reach a level they haven't seen in years. plus the potential impact the fiscal cliff could have. >>> mitt romney is back at his old job. he is rejoining the board at mareiate international -- marriott international. they have a long standing friend ship. >>> coming up, we have shown you this sink hole developing, what they are doing get things back to order in this neighborhood. >> a nice break today. the rainfall ending, giving us a break but there are more showers headed our way. i will have the timing on the showers in 10 minutes. how do you do that? well, i
Dec 4, 2012 5:00pm PST
the bush tax cut for the middle class but raise taxes on incomes over $250,000 a year. republican senator jim demint calls the idea quote, outlandish. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves and teating the president's proposal like it's serious. >> republican house speaker john boehner has come out against any tax hike and has refused to bring the democratic plan for a vote. >>> the dow fell almost 14 points. nasdaq lost 5 1/2. the s & p fell 2 1/2 points. >>> yahoo is buying another silicon startup. sunnyvale's yahoo acquired on the air today. the service enables users to hold online video chats in a talk show foremated. >>> a monstrous typhoon has killed 74 people in the philippines and the deattoll is expected to rise. 23 of the people drowned in flooding caused by the typhoon. the storm made landfall yesterday and some 60,000 people have fled to emergency shelters. the crowded shelters in this new video. the typhoon is expected to continue to dump rain for several days. >>> a major pot growing operation inside thi
Dec 6, 2012 5:00pm PST
and members of congress attend it in person. he is staying put though to avoid burning tax money in the process but 200 of his colleagues are spending time this week on this. ktvu channel 2 news. >>> a new study may lead to more widespread use of prenatal gene testing. it helps find more genetic abnormalities. a doctor said results could help parents better prepare for a child with special needs. >>> nursing home director is arrested, new at 6:00 p.m., why police believe there may be more victims in the case. >> several popular baby products contain carcinogens. we will have details and what consumers can do about it. and the room is filled with all these different kinds of coffee. actually, i just press this button. brew what you love, simply. keurig. >>> a nursing home manager is accused of embezzling from an elderly woman she was supposed to be caring for. and which retailers are being taken to court. >> complete bay area news coverage starts right now, this is ktvu channel 2 news at 6:00 p.m. >> good evening. i am ken wayne. frank somerville is off. >> i am julie haener. rawo
Search Results 0 to 5 of about 6